Capital commitments to Orion Energy’s new fund represent major global
investor markets, with nearly 50% from the U.S., approximately 20% from
the U.K. & Europe and the remainder from Australia. The investor base
comprises multiple state and corporate pension plans, endowments and
foundations, asset managers, family offices and high net worth
individuals. Together with dedicated co-investment capital of US$ 200
million, Orion Energy now manages in excess of US$ 1 billion of
investable capital for its specialized investment strategy across the
North American energy infrastructure sector.

“Since we kicked off Fund II in early 2016, we have successfully sourced
and executed on a number of energy sector investments. Our creative
capital structures have enabled our industry partners to maintain
control and ownership of their businesses while facilitating long-term
growth. This strategy has allowed Orion Energy to build a solid
portfolio of investments while delivering attractive returns for our
investors,” said Nazar Massouh, CEO, Co-founder and Managing Partner.
“On behalf of our entire team, I would like to thank our new investors
for their confidence in us and our returning LPs for their continued
trust and support.”

Orion Energy focuses on partnering with North American and select
international middle market energy companies seeking to drive long-term
success through creative credit investments. Deploying this strategy,
the firm has been selected as an exclusive long-term capital partner on
ten transactions to date, six of which have been publicly announced,
representing more than US$ 500 million in capital investments or
approximately 60% of Fund II.

“With final close of Fund II now behind us, we are eager to devote 100%
of our resources to harvesting the robust pipeline of transactions we
have in front of us,” said Gerrit Nicholas, Co-founder and Managing
Partner. “The middle market in energy has been starving for a partner
who can provide creative credit solutions to stable and growing
businesses, most of whom have faced extremely limited options for debt
financing for several years. Orion Energy is filling that void by
creating capital partnerships across multiple energy sub-sectors
including downstream, midstream, conventional electric power,
asset-heavy energy services, renewables, energy storage and other
segments of the energy value chain.”

“We would also like to recognize the contribution of everyone at Orion
Energy in building our solid investment portfolio and attracting a
premier investor base to Fund II,” said Rob Rusk, Co-founder and
Partner. “We are extremely proud of the Orion Energy team’s dedication,
creativity and hard work.”